{"id":111265,"date":"2021-01-19T12:50:00","date_gmt":"2021-01-19T08:50:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T20:00:00","slug":"","status":"publish","type":"post","link":"https:\/\/ucnoqta.az\/?p=111265","title":{"rendered":"Az\u0259rbaycan\u0131n bank sektorunda kifay\u0259t q\u0259d\u0259r pul var – V\u00fcsal Qas\u0131ml\u0131<\/b><\/font>"},"content":{"rendered":"

Az\u0259rbaycan\u0131n bank sektorunda kifay\u0259t q\u0259d\u0259r pul var – likvid aktivl\u04d9rin h\u0259cmi 9 milyard manat olmaqla, ani likvidlik \u04d9msal\u0131 normativi iki d\u04d9f\u04d9 üst\u04d9l\u04d9yir. Üst\u0259lik banklar\u0131n kapital adekvatl\u0131\u011f\u0131 da itkil\u04d9ri qar\u015f\u0131lama\u011fa kifay\u04d9t edir.<\/strong><\/p>\n

Ucnoqta.az x\u0259b\u0259r verir ki, bunu \u0130qtisadi \u0130slahatlar\u0131n T\u0259hlili v\u0259 Kommunikasiya M\u0259rk\u0259zinin icraç\u0131 direktoru, iqtisad elml\u0259ri doktoru Vüsal Qas\u0131ml\u0131 Az\u0259rbaycan\u0131n iqtisadi art\u0131m perspektivl\u0259ri bar\u0259d\u0259 dan\u0131\u015fark\u0131n deyib.<\/p>\n

Onun sözl\u0259rin\u0259 gör\u0259, haz\u0131rda likvidliyin iqtisadi art\u0131m\u0131n b\u0259rpas\u0131na istiqam\u0259tl\u0259nm\u0259si \u0259sas h\u0259d\u0259fdir. V.Qas\u0131ml\u0131 bildirib ki, real sektorda riskl\u0259rin azald\u0131lmas\u0131 üçün dövl\u0259tin kredit z\u0259man\u0259ti, kredit s\u0131\u011fortas\u0131 v\u0259 kreditl\u0259rin subsidiyala\u015fd\u0131r\u0131lmas\u0131 kimi mexanizml\u0259rd\u0259n daha geni\u015f istifad\u0259 etm\u0259si z\u0259ruridir:<\/p>\n

“\u0130poteka v\u0259 Kredit Z\u0259man\u0259ti Fondu, Sahibkarl\u0131\u011f\u0131n \u0130nki\u015faf\u0131 Fondu, \u0130nnovasiyalar Agentliyi, Aqrar Kredit v\u0259 \u0130nki\u015faf Agentliyi kimi dövl\u0259t qurumlar\u0131 subsidiya, z\u0259man\u0259t v\u0259 güz\u0259\u015ftli kreditl\u0259r t\u0259qdim etm\u0259kl\u0259 banklar üçün real sektorda riskl\u0259ri yum\u015fald\u0131rlar. Amma bütövlükd\u0259 bu riskl\u0259rin iqtisadi art\u0131ma mane ola bilm\u0259y\u0259c\u0259k h\u0259dd\u0259 endirilm\u0259si üçün struktur islahatlar\u0131n\u0131n davam etdirilm\u0259si, maliyy\u04d9 d\u04d9rinliyinin v\u04d9 inklüzivliyinin yüks\u04d9ldilm\u04d9si m\u0259qs\u0259d\u0259müvafiqdir. Bir d\u0259 ki, iqtisadi art\u0131m\u0131 maliyy\u0259l\u0259\u015fdir\u0259n t\u0259kc\u0259 banklar deyil, dünya t\u0259crüb\u0259sind\u0259 qiym\u0259tli ka\u011f\u0131zlar bazar\u0131 real sektora maliyy\u0259 c\u0259lbind\u0259 \u0259h\u0259miyy\u0259tli rol oynay\u0131r.<\/p>\n

Çünki fiskal geni\u015fl\u0259nm\u0259 fonunda Az\u0259rbaycanda pul t\u0259klifinin artmas\u0131 trendi qalacaq. M\u0259s\u0259l\u0259n, 2021-ci il dövl\u0259t büdc\u0259sinin x\u0259rcl\u0259ri 28,5 milyard manat olmaqla 2019-cu ilin faktiki icras\u0131 il\u0259 müqayis\u0259d\u0259 16,9 faiz, 2020-ci ill\u0259 müqayis\u0259d\u0259 5,9 faiz çoxdur. Bu m\u0259qamda dey\u0259k ki, bir t\u0259r\u0259fd\u0259n inflyasiyan\u0131n s\u0259ngim\u0259si v\u0259 ÜDM-in azalmas\u0131, dig\u0259r t\u0259r\u0259fd\u0259n is\u0259 manatla pul kütl\u0259sinin artmas\u0131 hesab\u0131na manat\u0131n dövretm\u0259 sür\u0259ti 4-ün alt\u0131na dü\u015füb. Fiskal geni\u015fl\u0259nm\u0259 monetar siyas\u0259tin konturlar\u0131n\u0131 mü\u0259yy\u0259nl\u0259\u015fdirir v\u0259 pul t\u0259klifinin art\u0131m\u0131n\u0131 \u0259sasland\u0131r\u0131r”.<\/p>\n

O bildirib ki, M\u0259rk\u0259zi Bank geni\u015fl\u0259ndirilmi\u015f hökum\u0259tin t\u0259rkib vahidi kimi yeni kreditl\u0259r verm\u0259k v\u0259 bazardan xarici valyuta almaqla manatla pul kütl\u0259sini art\u0131r\u0131r:<\/p>\n

“Höküm\u0259t is\u0259 dövl\u0259t büdc\u0259sinin k\u0259siri il\u0259 pul kütl\u0259sini böyüdür. Pul t\u0259klifinin artmas\u0131na uy\u011fun olaraq faizl\u0259rin enm\u0259si üçün real sektordak\u0131 riskl\u0259r d\u0259 azald\u0131lmal\u0131d\u0131r ki, banklar\u0131n risk antipatiyas\u0131 azals\u0131n. Bu halda Az\u0259rbaycanda pul multiplikatoru, y\u0259ni banklar\u0131n pul yaratmaq qabiliyy\u0259ti d\u0259 yüks\u0259l\u0259c\u0259k v\u0259 real sektor böyüy\u0259c\u0259k. Bir sözl\u0259, Az\u0259rbaycanda indiki makroiqtisadi sabitlik, likvidlik imkanlar\u0131, fiskal f\u0259za v\u0259 n\u0259qliyyat-logistika \u015f\u0259b\u0259k\u0259si iqtisadi art\u0131m\u0131n yüks\u0259k trayektoriyaya keçm\u0259sin\u0259 \u0259saslar yarad\u0131r”.<\/p>\n","protected":false},"excerpt":{"rendered":"

Az\u0259rbaycan\u0131n bank sektorunda kifay\u0259t q\u0259d\u0259r pul var – likvid aktivl\u04d9rin h\u0259cmi 9 milyard manat olmaqla, ani likvidlik \u04d9msal\u0131 normativi iki d\u04d9f\u04d9 üst\u04d9l\u04d9yir. Üst\u0259lik banklar\u0131n kapital adekvatl\u0131\u011f\u0131 da itkil\u04d9ri qar\u015f\u0131lama\u011fa kifay\u04d9t…<\/p>\n","protected":false},"author":1,"featured_media":251278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[88],"tags":[],"class_list":["post-111265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomika"],"_links":{"self":[{"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/posts\/111265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111265"}],"version-history":[{"count":0,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/posts\/111265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/media\/251278"}],"wp:attachment":[{"href":"https:\/\/ucnoqta.az\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}